Future Lifestyle Fashions Ltd (FLFL) has said that claims worth Rs 3,477.28 crore from as many as 17 financial creditors have been admitted in the ongoing Corporate Insolvency Resolution Process (CIRP). Catalyst Trusteeship Ltd has emerged as the lead financial creditor with Rs 600.40 crore, having a 17.4 per cent voting share in the Committee of Creditors (CoC), formed for the debt-ridden Future Group firm. This is followed by the State Bank of India and Centbank Financial Services Limited (Debenture Trustee) with a loan amount of Rs 476.59 crore and Rs 444.76 crore respectively. State Bank of India has a voting share of 13.86 per cent and Centbank Financial has a voting share of 12.93 per cent in the CoC, FLFL said in a regulatory filing. Besides, Centbank Financial Services (Debenture Trustee) also has a loan of Rs 38.50 crore. Moreover, FLFL has received claims of Rs 803.48 crore from the operational creditors, which are "under verification" now by the resolution professional.
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